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  1. uk.finance.yahoo.com › news › popular-nigerian-foodsPopular Nigerian foods like jollof rice are getting more ...

    Aug 1, 2022 · Inflation means people in Nigeria are spending 60% of their income on food. Some are skipping meals or cutting back on favorites such as jollof rice.

  2. www.eatdrinklagos.com › the-scoop › 2024/4/25West Africa's Jollof Rice Crisis: Skyrocketing Prices and ...

    Apr 25, 2024 · Learn about the staggering cost increases in Nigeria and Ghana and the factors driving this culinary catastrophe. Discover the alarming trends in West Africa's food landscape as the SBM Jollof Index Q1 2024 report uncovers soaring prices and growing food insecurity.

  3. www.bloomberg.com › news › articlesInflation Hits Top Nigeria Dish as Rice Price More Than Doubles

    May 9, 2024 · The price of rice — the main ingredient in Nigeria’s favorite jollof dish — more than doubled in March, placing more pressure on household incomes in Africa’s most populous nation, where...

    • Anthony Osae-Brown

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  5. www.bloomberg.com › news › articlesNigeria’s Jollof Rice Dish Doubles in Cost as Inflation Hits ...

    Feb 27, 2024 · The price of 1 kilogram (2.2 pounds) of rice, the main ingredient in making jollof, jumped 98.5% from a year earlier, data published Monday by the National Bureau Statistics showed.

    • Anthony Osae-Brown

  6. www.legit.ng › business-economy › industryJollof Cost Soars to a 7-Year High Under Buhari as Price of ...

    • It Takes Over N10,000 to Prepare Jollof Rice
    • Local Rice Price Jumps by 200%
    • List of 10 Cheapest and Most Expensive States to Buy Food in Nigeria

    The report by SBM Intelligence, a research firm, shows that the cost of preparing the local delicacy rose by 166.3% to N10,882 in March 2023 from N4,087 in June 2016, at the launch of the index. Additional analysis reveals that a family of five earning a monthly minimum wageof N30,000 would spend about 36.3% of the money to prepare the meal. The Jo...

    See full list on legit.ng

    The development comes amid reports that the price of locally produced rice in Nigeria has jumped 200% in seven years. Punch reports that the increase happened despite the multi-billion funding support of the Central Bank of Nigeria (CB) for Nigeria’s value chain to boost rice production. According to data from the Selected Food Prices Watch Report ...

    See full list on legit.ng

    Legit.ng reported that the National Bureau of Statistics (NBS) has revealed that the average annual food inflation rate for the twelve months ending September 2022 increased to 23.34 per cent. This is the highest level in over 13 years, demonstrating how economically stressed Nigerian households have become. NBS stated this in its Consumer Price In...

    See full list on legit.ng

  7. www.vanguardngr.com › 2023 › 12Jollof rice rules as Nigeria tops African ... - Vanguard News

    Dec 22, 2023 · Nigeria emerged as the front-runner in the African market for local food consumption in 2023, with jollof rice prominent. A survey by Glovo showed that local food orders skyrocketed by 25...

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  9. www.tridge.com › news › cost-of-preparing-jollofNigeria: Cost of preparing Jollof rice up 29.3% – Report

    Apr 27, 2024 · The cost of preparing jollof rice in Nigeria, a staple food for many, has increased by 29.3% from N13,106 in October 2023 to N16,955 in March 2024, according to SB Morgen (SBM) Intelligence. This is due to the depreciation of the Naira, which has led to high food affordability issues as Nigeria relies heavily on food imports.